Danish pump and electric motor maker Grundfos plans to introduce a four-day work week at its three plants in Hungary as orders have fallen 20%, managing director of Grundfos's Hungarian unit László Török said.
The four-day work week will be introduced on March 1.
“We do not want to counter the effects of the crisis with layoffs, but will maintain a four-day work week for three months,” Török said. Since mid-October, the unit has not made any new hires and it has not renewed any contracts either, bringing headcount from around 2,000 to under 1,900, he added.
Groundfos built an electric motor plant in Tatabánya (NW Hungary) in 2000. It built a pump plant in the same city in 2001 and another pump plant in nearby Székesfehérvár in 2007. (MTI – Econews)